Average FX rate to USD rose 5.08% to 82.6 per USD in India in 2023, according to the National Statistical Office.
Historically, Average FX rate to USD in India reached an all time high of 82.6 per USD in 2023 and an all time low of 4.76 per USD in 1950. When compared to India's main peers, Average FX rate to USD in Bangladesh amounted to 106 per USD, 7.08 per USD in China, 280 per USD in Pakistan and 328 per USD in Sri Lanka in 2023.
India has been ranked 59th within the group of 143 countries we follow in terms of Average FX rate to USD, 5 places above the position seen 10 years ago.
| FX Rate to USD (Average) | Unit | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Afghanistan | per USD | 68.0 | 72.1 | 77.7 | 76.8 | ... | ... | ... | ||||||||||||||
| Bangladesh | per USD | 80.4 | 83.5 | 84.5 | 84.9 | 85.1 | ||||||||||||||||
| Bhutan | per USD | 65.1 | 68.4 | 70.4 | 74.1 | 73.9 | ||||||||||||||||
| China | per USD | 6.76 | 6.62 | 6.91 | 6.90 | 6.45 | ||||||||||||||||
| India | per USD | 65.1 | 68.4 | 70.4 | 74.1 | 73.9 | ||||||||||||||||
| Iran | per USD | 33,226 | 40,864 | 42,000 | 42,000 | 42,000 | ||||||||||||||||
| Japan | per USD | 112 | 110 | 109 | 107 | 110 | ||||||||||||||||
| Malaysia | per USD | 4.30 | 4.04 | 4.14 | 4.20 | 4.14 | ||||||||||||||||
| Maldives | per USD | 15.4 | 15.4 | 15.4 | 15.4 | 15.4 | ||||||||||||||||
| Myanmar | per USD | 1,360 | 1,430 | 1,518 | 1,382 | 1,615 | ||||||||||||||||
| Pakistan | per USD | 105 | 122 | 150 | 162 | 163 | ||||||||||||||||
| Russia | per USD | 58.3 | 62.7 | 64.7 | 72.1 | 73.7 | ||||||||||||||||
| Sri Lanka | per USD | 152 | 162 | 179 | 186 | 199 | ||||||||||||||||
| USA | per USD | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 |
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